We have no library data for Academy of Vocal Arts in spite of the fact that about 100 of the degrees it awards are bachelor's or higher degrees. It is unusual for a school with this focus to not have library data. In fact, about 90% of the schools that graduate at least 10% of students at the bachelor's or higher level report library information.
In the age of digital resources, a library can offer incredible support even to distance education students. For students on campus, the library is the study and meeting hub for both residential and commuting students. Through the academic libraries, students can freely access resources not available on the internet.
It is difficult to imagine a meaningful bachelor's or graduate degree program that does not require independent research projects from its students. Without academic library resources, those projects could become quite expensive and also much more difficult, because academic librarians are indispensable for guiding students toward appropriate resources for a research project. The greater fear is that a lack of library means that minimal research and outside reading is expected of students. If you're interested in attending Academy of Vocal Arts, you should ask about their library resources and research expectations, and make sure that you would be receiving the academic challenges and support that you and your future reputation deserve.
Academy of Vocal Arts is a private not-for-profit school. Along with publicly-controlled schools, not-for-profit schools do not have the goal of annual profit, but they do want to have healthy finances with adequate revenue to meet all expenses. On the other hand, private for-profit schools have creating a profit for shareholders as an annual goal.
Here we examine assets at Academy of Vocal Arts in context, and it seems most fair to adjust for the size of the institution. We examine the assets per full-time-equivalent student so that we level the playing field for size.
There's a catch to these assets, though. Many gifts to a school's endowment have strings attached; the money is restricted to a specific purpose. Assets shown in green below are unrestricted, and are very important to a school's ability to meet its financial obligations. Some assets are the land and buildings that a school must have in order to function, and these may appear as green (unrestricted assets) but are nonetheless less helpful in meeting annual financial commitments. This look at assets is only a piece of the puzzle as we decide if a school is stable.